Regulatory and Compliance, Corporate AML Oversight - Vice President

iCapital•New York, NY

9h•$155,000 - $180,000•Hybrid

About The Position

iCapital is seeking a Corporate Anti-Money Laundering (AML) Oversight Vice President to join its Regulatory and Compliance organization and support the AML team. This senior subject-matter expert will oversee AML controls across applicable U.S. and international businesses. The position partners with Legal, Compliance, Risk, business stakeholders, and other control functions to assess regulatory requirements, oversee the effectiveness of the AML control environment, identify emerging risks, and support the firm’s ongoing regulatory readiness. The role supports and enhances the firm’s U.S. AML/CFT compliance framework, interprets regulatory developments, advises stakeholders, assesses products and relationships for financial-crime risk, and oversees higher-risk customers and third parties. It also supports risk assessments, reporting, investigations, examinations, audits, testing, remediation, and risk-based training. Employees in this role work in the office Monday through Thursday and may work remotely on Friday.

Requirements

10+ years of relevant experience in AML and BSA, financial crimes, regulatory compliance, or related risk-management roles within financial services.
Bachelor’s degree required.
Significant experience within a broker-dealer, investment adviser, asset manager, private funds organization, bank, or comparable regulated financial institution.
Strong working knowledge of the Bank Secrecy Act, USA PATRIOT Act, FinCEN regulations and guidance, OFAC requirements, FINRA AML requirements, and relevant SEC requirements and expectations.
Ability to interpret regulatory requirements and translate them into practical controls and governance standards.
Strong written and verbal communication skills, including the ability to communicate complex regulatory matters to senior management and business stakeholders.
Demonstrated ability to challenge existing processes constructively and drive remediation across multiple functions.

Nice To Haves

JD, advanced degree, or other relevant professional certification.
Experience assessing complex legal entities, private investment structures, funds, financial intermediaries, or institutional relationships.
CAMS certification is strongly preferred.

Responsibilities

Support oversight, maintenance, and ongoing enhancement of the firm’s U.S. AML/CFT compliance framework, including policies, procedures, standards, internal controls, governance, and monitoring.
Monitor BSA, FinCEN, OFAC, SEC, and FINRA developments and translate regulatory changes and emerging expectations into practical enhancements to AML controls.
Provide AML subject-matter expertise and guidance to Compliance, Legal, Risk, Operations, Product, Technology, and business stakeholders.
Evaluate new products, services, distribution arrangements, client relationships, and business initiatives for AML/CFT and sanctions implications and recommend risk mitigation.
Facilitate enterprise and business-specific AML/CFT risk assessments, identify control gaps and enhancement opportunities, and establish oversight metrics and management information.
Provide Compliance oversight of higher-risk customer, investor, intermediary, and counterparty relationships, including AML/KYC escalations involving sanctions exposure, politically exposed persons, adverse media, complex ownership structures, jurisdictional risk, and other elevated financial-crime concerns.
Advise stakeholders on enhanced due diligence, risk mitigation, escalation, and disposition, and support investigations involving potentially unusual or suspicious activity through the firm’s SAR governance process.
Assist with senior-management and committee reporting on AML risk, regulatory developments, significant issues, remediation initiatives, and program effectiveness; maintain documentation of the AML governance and oversight framework.
Coordinate and support AML-related regulatory examinations, internal audits, independent testing, compliance reviews, and regulatory information requests.
Oversee third parties performing AML/KYC activities, including developing risk-based due diligence, monitoring, and testing standards and assessing their policies, controls, staffing, systems, screening practices, escalation processes, and regulatory adherence.
Escalate material third-party or program deficiencies and oversee corrective-action and remediation plans with relevant stakeholders.
Support the development and delivery of risk-based AML/CFT training and targeted guidance on regulatory expectations, emerging financial-crime risks, escalation requirements, and AML red flags.